Monthly Archives: October 2008

Inman Connect Goes Global

Posted on October 31, 2008 by Guy Johnson

As longtime readers will recall, Diane and I are big fans and regular participants of the Inman Connect conferences.  […simply perform a search of the term “Inman” on our blog to see how many times we’ve referenced it in past … Continue reading →

Posted in News, Tech Tools | Tagged , , | Leave a comment

Nevada Leads Nation with Underwater Homeowners

Posted on October 31, 2008 by Guy Johnson

Forty-eight percent of Nevada homeowners with a mortgage owe more to the bank than their homes are worth, according to a report released today by First American CoreLogic.  Nevada leads the country with 48% of it’s mortgagors underwater; followed by … Continue reading →

Posted in News | Tagged , , , , | Leave a comment

How Short is Short?

Posted on October 29, 2008 by Mike McGonagle

Not every home owner lays down and throws in the towel when faced with foreclosure.  Many go for the short sale, where the bank(s) are asked to take less than what is owed on the loan(s).  Most short sales have … Continue reading →

Posted in General | 10 Comments

895 University Park Loop

Posted on October 28, 2008 by Mike McGonagle

This house just listed as MLS# 80016867.  I don’t have anything to add about the property – the listing agent pretty much nailed it in the Listing Comments:  Great location above the university..your buyer can miss this opportunity..agents please read … Continue reading →

Posted in General | 8 Comments

Is Incline Village Near the Bottom?

Posted on October 27, 2008 by JoAnn Corriera

 In reviewing  the Housing Sales –3rd Quarter 2008, Incline Village, Nevada report from the Center For Regional Studies at University of Nevada, Reno and provided  by First Centennial Title Co.,  it appears that the median sales price has increased  by … Continue reading →

Posted in General, Market Trends | Tagged , , , , | 17 Comments

ArrowCreek Sales Update

Posted on October 27, 2008 by Guy Johnson

Last week’s post on Montreux Sales prompted some readers to request similar sales data for the ArrowCreek development.  Rather than go through the exercise of pulling and compiling the data, I simply asked my colleague, Donna Spear, for the current … Continue reading →

Posted in Agent Insights, Developments | Tagged | 7 Comments

September 2008 Update – Summary of Foreclosure Activity, Residential Resale and Builder Sales for Washoe County

Posted on October 23, 2008 by JoAnn Corriera

   The number of NOD’s continued to climb as expected in September although inventory levels appear to be dropping and will continue downward as the holiday season approaches.  However, with growing uncertainty facing our financial markets and the growing numbers … Continue reading →

Posted in General | 7 Comments

450 N. Arlington #810

Posted on October 23, 2008 by Mike McGonagle

The first resale listing at the Belvedere has just hit the MLS.   #810 is a whopping 549 SF 1 bedroom unit purchased 5 February 2008 for $270,560 ($565/SF).  $10 down payment!  It has been listed at $310,000 with the note … Continue reading →

Posted in Developments, Foreclosures, General | 31 Comments